France Télécom-Orange won't sell all of Dailymotion
Parent Category: News | 25-03-2013
French operator France Télécom-Orange has no intention to sell the entire video streaming platform Dailymotion of which it owns 100%.
Following press stories about ongoing talks with US platforms including Yahoo! for a takeover of a 75% stake, Orange CEO Stéphane Richard has said that he's looking more for an industrial partner.
Talking to Le Figaro, he added: "Dailymotion must be given means to develop and accelerate growth, notably in the US, to compete with giant YouTube. It is not a question of money but really of industrial partnership."
2.5 billion videos are screened each month on Dailymotion, whose platform attracts 112 million unique visitors.